For the most part, residents of Asia-Pacific can travel again. But some are more confident about packing their bags than others. Travel confidence is “diverse and nuanced” in the region, a...
Tag: China
China State-Owned Giants to Delist From US Amid Audit Spat
(Bloomberg) — Five of China’s largest state-owned companies announced plans to delist from US exchanges as the two countries struggle to come to an agreement allowing American regulators to insp...
China’s ‘Zero-Covid’ Fiasco Will Give Dollar Rally New Life
The dollar remains an oasis of stability in a world of volatility. getty People betting that the U.S. dollar’s slide will continue might want to pay more attention to what’s afoot in Asia. Or, perhaps...
China tourist destination set a GDP target, but Covid locked it down
Sanya, on the southern coast of Hainan, was the top destination for couples flying from three of China’s largest cities last week for China’s version of Valentine’s Day, according to...
Curing Cancer Takes A Global Village: Cancer Moonshot Pathways
BeiGene CEO John Oyler BeiGene Note: President Joe Biden in February launched a “Cancer Moonshot” initiative that aims to reduce the death rate from cancer by 50% in the next 25 years. This is a part ...
American Universities Are Losing Chinese Students To Rivals: U.S.-China Business Forum
“What we’re seeing at the moment is softness in the enthusiasm of Chinese students and their parents … [+]s to enroll in U.S. institutions,” John Quelch, dean of the University of Miami He...
As ‘Thor 4’ Passes $700 Million, Not Every Marvel Movie Needs To Top $1 Billion
Chadwick Boseman in ‘Black Panther,’ Brie Larson in ‘Captain Marvel,’ Benedict Cumberbatch and Benedict Wong in ‘Doctor Strange in the Multiverse of Madness’ and Na...
Mainland Moves As Apple Ecosystem Flies And Hong Kong Shorts Scramble
China Last Night KraneShares Key News Asian equities followed yesterday’s strong move in US equities higher. Japan missed out on the fun as it was on holiday for Mountain Day, which according to Wikip...
Semiconductor Companies Love Biden’s CHIPS Law. But Will Taxpayer Money End Up In China?
An Intel R&D lab in Chengdu, China. Intel has billions invested in China. The CHIPS Act should help … [+] the company invest in the U.S. But will the science component compel them to use tax...
SoftBank To Gain $34 Billion By Cutting One-Third Of Alibaba Stake
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp. (Photo by Alessandro Di Ciommo/NurPhoto via Getty Images) NurPhoto via Getty Images Billionaire Masayoshi Son’s SoftBank Gro...
New Technology Brings New Opportunities: U.S.-China Business Forum
Zhonglu Group Vice Chairman George Wang George Wang Technology advances are bringing new ways for U.S. and China businesses to try to work together at a time of geopolitical tension, Zhonglu Group Vic...
Inflation Reduction Act EV tax credits could hurt sales
Tesla cars charge next to a traditional Texaco gas station on July 17, 2022 in Nephi, Utah. With more electric cars on the road, lack of charging infrastructure is becoming more of a problem for EV ow...
Alibaba’s Softbank Overhang Clarified As Foreigners Fret
Key News Asian equities were a sea of red on light volumes as South Asia held up slightly better than North Asia following the US equities meltdown yesterday. After the Hong Kong close, Alibaba and So...
Pandemic’s Impact On China’s Economy Is Only Short Term, U.S. Ambassador Says
Ambassador Qin Gang at the Fourth U.S.-China Business Forum. China’s Embassy to the U.S. The impact of the Covid-19 pandemic on China’s economy is only short-term, China Ambassador to the U.S. Q...
China consumer prices hit a two-year high
Customers buying pork at a food market in Shanghai, China. Prices of pork, a food staple in China, rose by 20.2% in July 2022 compared to a year ago, official data showed. Qilai Shen | Bloomberg | Get...
China: Government declares war on crypto accounts
The Government of China, through the aforementioned body, also checked 500 websites on the crypto theme, closing 105 which, according to the CAC (Cyberspace Administration of China), feed speculative ...
China Eyes 4 Unsecured U.S. Marine National Monuments In The Pacific
The U.S. Coast Guard could use the Department of Interior’s help in securing U.S. National Monuments … [+] in the Pacific U.S. Coast Guard In the deep Pacific Ocean, America’s four enormou...
GM Outsells Tesla In July As Semiconductors & Clean Tech Outperform
Key News Asian equities were largely higher on light volumes. Japan and Hong Kong were off slightly while India (Moharram), Pakistan (Ashura), and Singapore (National Day) were closed for the holiday....
Taiwan Carries Out Artillery Firing Drills Amid Chinese Military War Games
Topline Taiwan’s military carried out artillery firing drills in its southernmost region on Tuesday in response to China’s unprecedented live fire exercises around the island which had been sche...
Retail Executives Remain Silent As Government Gains More Control Over Fashion Industry
SYDNEY, AUSTRALIA – SEPTEMBER 27: OLYMPISCHE SPIELE SYDNEY 2000, Sydney; FINALE/MAENNER/USA – KUBA … [+] (USA – CUB) 4:0; GOLD fuer USA, JUBEL Todd WILLIAMS (29/mitte) (Photo b...
China Could Push ‘Minions 2’ Past ‘Doctor Strange 2’ And ‘Jurassic World 3
‘Minions: The Rise of Gru’ Universal Deadline is reporting that Universal and Illumination’s Minions: The Rise of Gru will be opening in China on August 19. This comes on the heels of Chin...
Baidu To Offer Robo Taxis In More Cities, Alibaba Prepares For Southbound Connect Eligibility
China Last Night KraneShares Key News Asian equity markets were largely higher on light summer volumes as Pakistan was closed for Ashura, an important Islamic holiday that occurs on the tenth day of M...
China Raises Tensions As It Continues Military Drills Around Taiwan Beyond Sunday’s Deadline
Topline China’s unprecedented military drill surrounding Taiwan will continue—despite originally being scheduled to end on Sunday—Beijing announced on Monday, in a move that is likely to further raise...
China IPO Market Trounces the World With Record $58 Billion Boom
(Bloomberg) — From London to Hong Kong, large initial share sales have all but dried up across the world’s major financial centers this year. But the market in China is bustling with activity. M...
Baidu’s robotaxis don’t need any human staff in these parts of China
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese tech company Baidu said Monday it has become the first robo...
Baidu Begins Paid Robotaxi Service In China With No Employee Aboard
A Baidu Apollo Robotaxi travels with no safety driver in the vehicle in China Baidu BaiduBIDU has announced they have received permits to operate a paid Robotaxi service in China, with no human safety...
Ajisen Joins Yum China With Weak Results Amid Lockdowns
Pedestrians walk past a Japan-based fast food restaurants chain Ajisen Ramen restaurant in Shanghai … [+] in 2019. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images) SOPA Images/LightR...
China Adds Two New Tech Billionaires As IPOs Soar
The Shenzhen Stock Exchange is one of the world’s largest bourses. (Photo by VCG/VCG via Getty … [+] Images) VCG via Getty Images Two listings by China technology businesses added new memb...